1. we are registered in Service Tax from 23.05.2012, our turnover has exceed from 10 lac from october2012, my query is should we have to pay service tax from 1st bill or on bill which issued after 10 lac.
2. we purchase beauty product from vender and used its for beauty parlours service pls let me know what service tax rate should we charge from clients. can we claim input tax from Dvat
The Service Tax shall be charged after 10 Lacs in terms of notification no.33/2012.
If the dominant nature of transaction is sale of service then charge full rate of service tax and if bifurcation possible then consider both vat and service tax separately. my second answer still not final since the sale of goods or sale of service is unending dilemma.
CAclubindia
